Experian’s Latest Tool Enhances Financial Inclusion with Open Banking Insights
Experian® has unveiled Cashflow Attributes™, a revolutionary solution designed to broaden access to fair and affordable credit, especially for consumers with thin credit files or no credit history. With an extensive array of over 900 income, cash flow, and affordability…
Lazard Appoints Michele Colocci as Vice Chairman and Managing Director of Healthcare Investment Banking
Lazard, Inc. (NYSE: LAZ) has announced that Michele Colocci will join the firm on June 3, 2024, as Vice Chairman of Investment Banking and Managing Director of Healthcare. Based in London, Mr. Colocci’s appointment marks an acceleration in the growth…
Eagle Point Credit Company Inc. Initiates 7.00% Convertible and Perpetual Preferred Stock Offering
Eagle Point Credit Company Inc. (NYSE: ECC) has announced the launch of a continuous public offering for up to 4,000,000 shares of its 7.00% Series AA Convertible and Perpetual Preferred Stock and 7.00% Series AB Convertible and Perpetual Preferred Stock…
AG Mortgage Investment Trust, Inc. Sets Pricing for Senior Notes Public Offering
AG Mortgage Investment Trust, Inc. (NYSE: MITT) disclosed today the pricing of its underwritten public offering of $65 million aggregate principal amount of senior notes due 2029 (the “Notes”). The offering is anticipated to close on May 15, 2024, pending…
MANTL Earns Third Consecutive Recognition as One of the ‘Best Places to Work in Financial Technology’ by American Banker
MANTL, a leading provider of omnichannel account origination solutions, proudly announces its recognition as one of the Best Places to Work in Financial Technology by American Banker in 2024. This marks the third consecutive year that MANTL has secured a…
Focus Unveils Major Transaction: Buckingham Strategic Wealth and The Colony Group to Merge
Focus Financial Partners Inc. (“Focus”), a prominent partnership comprising fiduciary wealth management and related financial services firms, disclosed today during its semi-annual partners meeting that it is in advanced negotiations to finalize an agreement whereby Focus partner firm Buckingham Strategic…
Wolters Kluwer Introduces GenAI Feature in CCH® AnswerConnect Platform
Wolters Kluwer Tax & Accounting (TAA), a global leader in professional information, software solutions, and services, has unveiled AI-powered upgrades to its flagship tax, accounting, and audit research tool, CCH® AnswerConnect. The integration of GenAI within the comprehensive research platform…
Federal Reserve Reports: Growing Adoption of Faster and Instant Payment Services by U.S. Businesses and Consumers
The latest studies from Federal Reserve Financial Services reveal a rapid surge in the adoption of digital, faster, and instant payment services among U.S. businesses and consumers. Particularly noteworthy is the significant growth in the use of digital wallets, with…
Intercontinental Exchange, Inc. Begins Private Exchange Offer for Black Knight InfoServ LLC’s 3.625% Senior Notes due 2028
Intercontinental Exchange, Inc. (NYSE: ICE) (“ICE”) announced today that it is commencing a private exchange offer (the “Exchange Offer”) with respect to the outstanding 3.625% Senior Notes due 2028 (the “BK Notes”) issued by Black Knight InfoServ, LLC, a wholly…
Northern Trust Wins Best Private Bank in U.S. for Digital Wealth Planning, Named U.S. Digital Innovator of the Year
Northern Trust, a prominent provider of wealth management services, has been awarded two prestigious titles by the Financial Times and PWM’s Wealth Tech Awards: Best Private Bank in the US for Digital Wealth Planning and Best Digital Innovator of the…
AM Best Affirms Credit Ratings of Builders Mutual Insurance Group Members; Revises Issuer Credit Rating Outlook to Negative
AM Best Revises Outlook for Builders Mutual Insurance Group to Negative; Affirms Excellent Credit Ratings AM Best has adjusted the outlook for the Long-Term Issuer Credit Rating (Long-Term ICR) from stable to negative while affirming the Financial Strength Rating (FSR)…
Rubric Capital Responds to Xperi’s Investor Presentation: Stands by Stockholders Amid Alleged Misrepresentation
Highlights Xperi’s Alleged Efforts to Conceal Dilution as Misleading Encourages Stockholders to Support Rubric’s Nominees Thomas A. Lacey and Deborah S. Conrad by Voting on the WHITE Proxy Card” Rubric Capital Management LP (“Rubric”), an investment advisor whose managed funds…